INOGEN INC (INGN) Stock Technical Analysis
NASDAQ:INGN - Nasdaq - US45780L1044 - Common Stock - Currency: USD
Overall INGN gets a technical rating of 0 out of 10. INGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, INGN is a bad performer in the overall market: 84% of all stocks are doing better.
INGN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INGN is lagging the market.
In the last month INGN has a been trading in the 5.70 - 7.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
INGN is an average performer in the Health Care Equipment & Supplies industry, it outperforms 44% of 188 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of INGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.02
12.29
We found 1 important support area.
- Support @6.08 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 6.45 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.16 to 7.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.33 from a horizontal line in the daily time frame.
- Resistance @10.87 from a trend line in the weekly time frame.
- Resistance @12.17 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for INGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGN is down. |
| ChartMill Relative Strength | 16.38 | NEGATIVE | INGN has a low relative strength, it was outperformed by 83.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.44 | NEUTRAL | The RSI value for INGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests INGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for INGN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for INGN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.14 | NEGATIVE | The low ADX value for INGN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.425
-0.11 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.61%
1 Week-4.81%
2 Weeks11.74%
1 Month-8.99%
3 Month-22.87%
6 Month-33.83%
12 Month-22.59%
2 Year-38.98%
3 Year-74.98%
5 Year-83.09%
10 Year-82.81%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%6.26%
ATR Inc-65.82%
Range Today0.19
ADR(20)0.38
ADR(20)%5.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.38
Mansfield-3.17
10 Day High7.1
10 Day Low5.73
20 Day High7.29
20 Day Low5.7
52 Week High13.33
52 Week Low5.7
CS1 End6.08
CR1 Start6.45
Volume & EV
DER(3)3.59%
DER(5)4.33%
Volume123.30K
Volume Incr-42.4%
Vol(5)177.14K
Vol(50)310.00K